Currently, Rahul Bhatia of InterGlobe Enterprises holds 51.12 percent stake in IndiGo and the rest 48.88 per cent is held by another investor Rakesh S Gangwal through his Virginia-based company Caelum Investments.

Amid airlines indulging in cut-throat rivalry in offering lowest possible airfare, the CCI is yet again probing the possible violation of competition laws, although the fair-trade regulator has failed to pin down the carriers on similar charges several times in the past.

With budget carrier SpiceJet wobbling amid fund drought and the aviation regulator keeping a close tab on its curtailed operations, the no-frill carrier's pilots are flocking to other airlines in search of a job, industry sources said.

In a survey by the world's largest travel site TripAdvisor, the eight-year old airline has emerged as a favourite in the domestic air travel space for the third time in a row, ousting rivals by a healthy margin. Farah bookwala vhora gets you the highlights of this survey.

The number of air travellers who flew in September was 58.22 lakh, an increase of close to 28 percent over the 45.55 lakh passengers during the same period last year, latest figures issued by the Directorate General of Civil Aviation (DGCA) showed.

Currently, Rahul Bhatia of InterGlobe Enterprises holds 51.12 percent stake in IndiGo and the rest 48.88 per cent is held by another investor Rakesh S Gangwal through his Virginia-based company Caelum Investments.

Amid airlines indulging in cut-throat rivalry in offering lowest possible airfare, the CCI is yet again probing the possible violation of competition laws, although the fair-trade regulator has failed to pin down the carriers on similar charges several times in the past.

With budget carrier SpiceJet wobbling amid fund drought and the aviation regulator keeping a close tab on its curtailed operations, the no-frill carrier's pilots are flocking to other airlines in search of a job, industry sources said.

In a survey by the world's largest travel site TripAdvisor, the eight-year old airline has emerged as a favourite in the domestic air travel space for the third time in a row, ousting rivals by a healthy margin. Farah bookwala vhora gets you the highlights of this survey.

The number of air travellers who flew in September was 58.22 lakh, an increase of close to 28 percent over the 45.55 lakh passengers during the same period last year, latest figures issued by the Directorate General of Civil Aviation (DGCA) showed.

If mallya want to restart KFA he need to sell UBL (last asset) so chances are 0% ... if even he sold UBL ... Singapore, Indigo, airasia will get that money in just 6 months ... so its good for mallya to sell beer only ...

only upside remains in spicejet .....i can`t understand why some one need to be negative....when we know ATF tax is going to reduce , Airport service tax to be reduce in budget.
Indigo IPO around the corner and this will automatically increase the stock price of spicejet as Indigo will come

Future bright for Indian aviation. Proof...About nine investment banks were in Paris this week to bid for the $350 million (Rs 2,100 crore) to $400 million (Rs 2,500 crore) initial public offering of IndiGo, likely to be the biggest ever IPO in India`s aviation history..regards, Mrsmathru